Economy/Finance

New Jersey Bill Proposes Tax Increase on Online Sports Betting and Casino Gaming to 30%

Marija Malenovic
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Sports betting, Taxes, New Jersey
New Jersey is contemplating raising the state's online casino gaming and sports wagering tax rate to a maximum of 30%. Additionally, Senator John McKeon is cited as the lead sponsor of the tax rate hike legisla...

XSGames Looking to Expand in Europe through Acquisition of Palasino Holdings’ Shares

Radosav Milutinovic
Austria, Australia, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, U.S.A., Taiwan, World Casino News, China, Hong Kong, Gaming Industry News, Technology, Economy/Finance, Mobile gaming, European Casino News, Czech Republic, Licenses, Online Gambling News, Asian Casino News, Germany, Mergers, Acquisitions & Partnerships, Malta
Following the 2022 US market entry, the Taiwanese gaming and investment company XSGames is working to expand its slot machine developments to European market. As reported, the online gaming content and slot mac...

Macau Gaming Industry Expected to Keep the Pace and Generate $2.36 Billion in Revenue in March 2024

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Asian Casino News, Macau, Online Gambling News, Financial Press Releases
Renowned investment bank JP Morgan reveals that the Macau gaming industry generated $77.9 million in daily gross gaming revenues last week. As reported by Inside Asian Gaming (IAG), the bank's analysts consider...

BGaming Joins Forces with Superbet to Expand in Romania; Releases Diamond of Jungle Slot

Marija Malenovic
Online gaming software, Casino News, Latest Casino and Gambling News, World Casino News, Latest Casino Bonuses, Newest casino games, Gaming Industry News, Economy/Finance, Mobile gaming, European Casino News, Free Spins Bonuses, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Malta, Romania
For BGaming, one of the flagship iGaming operators, the third month of the new year is going great so far! In this sense, on March 21st the firm released its first dual volatility enhanced slot, Diamond of J...

Golden Circle Casino Opening at Witchita Greyhound Park Pushed Back to Sept 2025 Due to Construction Delays

Marija Malenovic
U.S.A., Horse Racing, Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Casino moguls, Economy/Finance, Horse Racing, Kansas
The official opening of Phil Ruffin’s $128m historic horse racing (HHR) casino, called Golden Circle, at the Wichita Greyhound Park will take longer than originally anticipated. Reason for opening date chang...

MGM Resorts Int. Reportedly Considering Sale of Casino Assets in Massachusetts and Ohio

Marija Malenovic
Casino Sales, Las Vegas, Latest Casino and Gambling News, Horse Racing, Casino News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Mergers, Acquisitions & Partnerships, Massachusetts, Ohio
As reported by BNN Bloomberg, MGM Resorts International is reportedly studying the potential of selling its casino assets at Springfield, Massachusetts and Northfield Park, Ohio, according to information provid...

Louisiana Casinos Generated $194.6Million in Revenue in February 2024 to Continue Stable Operations

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, Louisiana
The Louisiana Gaming Control Board has released the gaming revenue figures achieved across casinos in the state in February 2024 to report the overall revenue level of $194.6 million. Such a level reached acros...

Bloomberry Resorts Corp Ends Dispute with GGAM by Signing US$300m Settlement Agreement

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation, Philippines
Bloomberry Resorts Corporation, owner of Solaire Resort, revealed that it has managed to reach a settlement agreement in its 10-year legal dispute with previous ally Global Gaming Asset Management (GGAM) Philip...

PAGCOR Chairman Says Philippines Gaming Market to Become Second Largest in Asia

Vanja Mitic
Latest Casino and Gambling News, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Financial Press Releases, Philippines
PAGCOR, a Philippine Amusement and Gaming Corporation, spent years working hard on establishing the Philippines as one of the leading gaming markets in the world, and its efforts are finally paying off. Accordi...

Georgia Makes Necessary Updates to “Electronic Registry of Citizens” to Comply with Amendments to its Gambling Laws

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, European Casino News, Taxation, Online Gambling News, Georgia-Eurasia, Taxes
Georgia's Ministry of Finance has overhauled the "electronic registry of citizens" to abide by the impending amendments to the gambling laws of the Caucasus nation. Updated laws: Implemented by the execut...

2024 March Madness Expecting $2.7 Billion Betting Handle from 38 US States

Radosav Milutinovic
NCAA, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Licenses, Online Gambling News, Sports betting
The upcoming March Madness basketball tournament will reportedly feature 136 NCAA teams and 134 games to represent a huge opportunity for bettors and operators to further boost the sports betting handle across ...

Amended Maryland Online Casino Bill Heads to Senate After House Passage

Marija Malenovic
Gaming Law & Legislation, U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licenses, Taxation, Online Gambling News, Sports betting, Licensing, Taxes, Maryland
Online casino bill, HB 1319, authored by Maryland Rep. Vanessa Atterbeary, has officially passed the House of Representatives and is on its way to the Senate for approval. Non-unanimous vote: On March 16,...